Overall Fundamental outlook

Business Operations:

Sector: Energy
Industry: Oil & Gas Integrated

Oil and Natural Gas Corporation Limited, together with its subsidiaries, engages in the exploration, development, and production of crude oil and natural gas in India and internationally. It operates through Exploration and Production, and Refining & Marketing segments. The company also engages in the refining and marketing of petroleum products; transportation of oil and natural gas; and production of liquefied petroleum gas, naphtha, ethane/propane, butane, kerosene oil, low sulphur heavy stock, aviation turbine fuel, mineral turpentine oil, carbon credits, and diesel. In addition, it generates wind power through a total installed capacity of 153.9 MW; and solar power through a total installed capacity of 39.52 MW, as well as generates geothermal power. The company was incorporated in 1993 and is based in New Delhi, India.

Revenue projections:

Revenue projections for ONGC
Revenue projections for ONGC

Oil and Natural Gas Corporation Limited is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.

Financial Ratios:

currentRatio 0.808000
forwardPE 5.876954
debtToEquity 50.187000
earningsGrowth -0.334000
revenueGrowth 0.483000
grossMargins 0.356900
operatingMargins 0.076350
trailingEps 28.790000
forwardEps 35.730000

Oil and Natural Gas Corporation Limited's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting Oil and Natural Gas Corporation Limited to generate stronger earnings compared to the previous financial year.

Price projections:

Price projections for ONGC
Price projections for ONGC

The stock price of ONGC has frequently been close to the lower end of analysts' projections. This trend indicates potential struggles for the company in achieving the growth anticipated by the market.

Recommendation changes over time:

Recommendations trend for ONGC
Recommendations trend for ONGC


ONGC has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see ONGC as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.